Economic Times

India's power consumption dropped by 4.7 per cent to 144.21 billion units in August compared to the previous year, due to above-normal rainfall across
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Oil marketing companies have increased the price of a 19 kg commercial LPG cylinder by ₹39, bringing it to ₹1,691.50 in Delhi. This follows a prev
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Finance minister Nirmala Sitharaman has given the navratna status to four more state-owned public enterprises - Satluj Jal Vidyut Nigam Ltd, Solar Ene
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Bharat Petroleum Corp plans a ₹75,000 crore investment over the next five years to expand its refining and petrochemical capacities, aiming to cater
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After the recent cut this month, the goverment on Friday reduced windfall gains tax on petroleum products to Rs 1,850/tonne from Rs 2,100/tonne effect
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Power Grid Corporation of India has acquired the project special purpose vehicle Bhadla-III and Bikaner-III Transmission Ltd through tariff-based comp
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The Bangalore Electricity Supply Company (BESCOM) announced that from September 1, electricity supply will be disconnected if bills or additional secu
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Numaligarh Refinery Limited in Assam announced progress in its mega expansion project, aiming to increase capacity from 3 to 9 MMTPA by December 2025.
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The government has granted 'Navratna' status to NHPC, SJVN, and SECI, enhancing their operational and financial autonomy. This recognition will suppor
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ONGC seeks US exemption to gain operational control of its oil fields in Venezuela. The company has struggled to repatriate $500 million of dividends
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Despite the political unrest in Bangladesh, business between Assam-based Numaligarh Refinery Limited (NRL) and Bangladesh continues uninterrupted. NRL
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India’s booming economy is driving a significant increase in energy demand. Petroleum product consumption is expected to rise steadily by 4-5% annua
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Incessant rains and increased hydro and wind power generation have caused a sharp fall in power prices on the Indian Energy Exchange this August. With
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The Assam government has approved an oil exploration project by the Vedanta group near Hoollongapar Gibbon Wildlife Sanctuary. The proposal has been s
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Starting November 1, 2024, the Union government will lift the cap on sugar diversion for ethanol production, allowing the use of cane juice, syrup, an
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Reliance Industries anticipates its new energy business to be as profitable as its oil-to-chemicals segment within the next 5-7 years, according to Ch
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High Commissioner of India to Sri Lanka, Santosh Jha on Thursday handed over the first payment for Hybrid Power Projects aimed at addressing energy ne
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The union cabinet has approved funding of ₹4,136 crore to aid northeastern states in developing hydropower projects with a capacity of 15,000 MW ove
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The government has appointed interim chairmen for Indian Oil Corp and HPCL for three months as the current chairmen are retiring at the end of August.
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The Union Cabinet has approved a proposal from the Ministry of Power to provide financial assistance to north eastern state governments for hydroelect
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